Daimler AG (DAI) Given a €85.00 Price Target by Sanford C. Bernstein Analysts

Sanford C. Bernstein set a €85.00 ($94.44) target price on Daimler AG (ETR:DAI) in a report released on Monday morning. The firm currently has a buy rating on the stock.

A number of other research analysts have also weighed in on the stock. J P Morgan Chase & Co reissued a buy rating on shares of Daimler AG in a report on Monday, May 8th. Commerzbank Ag set a €90.00 ($100.00) target price on shares of Daimler AG and gave the company a buy rating in a report on Thursday, March 23rd. Deutsche Bank AG reissued a buy rating on shares of Daimler AG in a report on Tuesday, March 21st. Berenberg Bank set a €54.00 ($60.00) target price on shares of Daimler AG and gave the company a sell rating in a report on Thursday, April 27th. Finally, DZ Bank AG reissued a buy rating on shares of Daimler AG in a report on Thursday, April 6th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company. Daimler AG has an average rating of Hold and an average price target of €73.58 ($81.76).

Shares of Daimler AG (ETR:DAI) opened at 65.815 on Monday. The company has a market capitalization of €70.41 billion and a price-to-earnings ratio of 7.127. Daimler AG has a one year low of €50.89 and a one year high of €73.20. The stock has a 50 day moving average of €66.76 and a 200-day moving average of €68.58.

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Daimler AG Company Profile

Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.

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